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Crowdfunding

Funding projects by the community. 

What are some key problems that this process can solve?

Using participatory methods could harness the wisdom of crowds in the daunting task of allocating budgets for different impact investment opportunities. 

How does this process work?

Communities decide on the financial range of support to projects. This way, decision-making is shared among people that are able to reflect on their individual analysis of potential impact each project aims to make.

What types of participation has this process offered communities?
№ OF
PEOPLE
inform Consult Involve Collaborate Empower

1—100 pPL

100—1k pPL

1k—10k pPL

Cooperative management of a ridehail app by The Drivers Cooperative in NYC

10k—100k pPL

Community-driven, blockchain-based support of impact projects across the globe: Gitcoin and UNICEF

100k—1M pPL

1M—10M pPL

10M—100M pPL

100M—1B pPL

1B+ pPL

Global

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